Question

28. There is decrease in sale of object by 10% due to increase in the cost of object
by 10%, then what is the profit percent or loss percent in this transaction?
(1) 1% loss
(2) 2% profit
(3) 3% loss
(4) 1.75% profit​

Answer 1

Option (1) is correct.

Step-by-step explanation:

Since we have given that

Decrease in sale of object by 10%

Increase in sale of object by 10%

So, Profit percent would be

$-10+10-\dfrac{10\times 10}{100}\\\\=0-1\\\\=-1\%$

Hence, there will be loss of 1% in whole transaction.

Therefore, Option (1) is correct.

# learn more:

A person sells two machines at

396 each. On one he gains 10%

and on the other he losses 10%. Its

profit or loss in the whole

transaction is

(1) no gain, no loss (2) 1% loss

(3) 1% profit (4) 8% profit​

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